Casper Daily Tribune Newspaper, July 5, 1922, Page 8

PAGE EIGHT MARKET GOSSIP AND FIELD NEWS HOT SPRINGS IN AEASING ACTIVITY Oil development work in Hot Springs county has shown a marked increase during the past few weeks, according to | American reports from:Thermopolis. The Union Oil company of California has placed a rig on! American the Hale dome east of that city ment work in the field which WHEAT DECLINES CHICAGO TRADE Corn and Oats Are Firmer With Elevator Interests Chief Buyers. CHICAGO, July 5—wWi de clined in price today soon a’ the opening, although initial quotations showed some gains reflecting yester- day's advance gt Liverpool and Win: nipeg. Today's advices, however, dicated less cause for apprebension of crop damage. Developments re- garding the rairoad strike were also of a character to ease the market. The opening, which range varied from unchanged ficures to %c higher, with September $1.17%1.27% and Decem- ber $1.20 to $1.20%, was followed by a setback all around to well below Monday's finish. Rallies which ensued proved tran- dent. Rural offerings light, but ex- port demand was slow. The market finished nervous, at the same as Mon- @ay’s close to 1c down, with Septem- ber $1.16% to $1.16% and December $1.19 to $1.19%. Corn and oats were firmer chiefly as a result of elevator interests being active buyers of corn. After cpening unchanged to %c higher, September 66% to 67c, the corn market continued to point upward. Need of rain in some important sec- tions together with some export in- quiries here for corn tended later to uphold valnes. The close was un- settled, % to % to Jc net higher, September 67TUc. Oats started at te off to Xe gain, September 38% and later showed a slight general advance. Provisions were firm hog values. in line with 1.17 11.40 11.17 1.62 11.40 — 11.55 11,25 11.35 CHICAGO, July 5.——Butter high er; creamery extras 36%c. firsts 32@ 25%c; seconds 30@31%c; standards Standards 36%c. Eggs higher; receipts 19,636 cares: firsts 22@22%c; ordinary firsts 20@ 21c; miscellaneous 21%@22c. storage packed extras 23@23%4c; storage pack- ed firsts 23c. Poultry alive higher; fowls 23%c; and will do extensive develop- has already been proven. ‘The Warm Springs field, owned by the Alliance Of] and Refining com- pany and operated by Shafer Bros., will be the scene of extensive devel- opment during the present summer, the production of which ts being great- | increased | rig om Black Mountain and expects to | spud tm within a few days. This struc }ture has teen very favorably reported on. Midwest Refining company bas started a test to the deep sands in the Golden Eagle dome, where it now has a big gas production; it is believed | bearing The deep test at Grase Creek, which came in some time ago a 200-barrel producer is being extended deeper in| the hope of increasing production. | A test of considerable importance | is to be Grilled in the Neiber dome 11} miles south of Worland, in Washakie county Ly Midwest Refining com-| pany. This test which will be located | on the southeast corner of scction| 13-45-93, wii be started with a inch hole and carried to the necessary | depth to reach the deep sands of the) Mesa Verde formation, expected at/| around 3,300 feet. This structure has been passed on in formation to the Golden Eagle dome on which the Midwest brought in & 65,000,000-foot gasser. A 90-feot derrick has been erected, @ water line has been laid from the Hanover canst, four miles north, and the test will be spudded in within the Empire Resumes Test. | Work has been resumed on the test well of the Empire State Of] company on the Colter dome nesr Worland, in an effort to shut off the water and} penetrate the oil bearing sands. In| the event that the effort is unsuccess- ful, a new hole will be started. New Shaft for Gold. A new shaft has been sunk tn the Dillenger gold fields in Crook coun-} ty, and ore from this hole, which ts 62 feet deep, is said to assay $47 to the ton. Eight shafts have been for the near future. Tools Are Recovered. Lost tools have beengrecovered in the test of the Southwest Petroleum company near Saratoga after a long fishing job. The casing was found to be in such bad condition that no further effort will be mado to remove it from the hole. In the event that it cannot be sidetracked the trig will be skidded and a new hole started. The Markham test on section I7-49- 91, Hot Springs county, is reported as drilling at 750 feet and a completion is expected early this month. FARGO MEETING TODAY. Of unusual significance isthe board of directors’ meeting of the Fargo Oil company, which is being héld in the offices of the company today. W. D. Weathers returned to Casper yesterday morning from New York and Philadetphia, where he has been |- for two weeks on business, and Ben Hunsacker, first vice president, and Harve Robinson, second vice. presi- dent, who, with Pat Sullivan and Q. ai Allied Chemical & Dye Allis Chalmers . American American merican merican | American | American American [A A nt\rnational | American American T. L. - Tobacco . Woolen Copper American Anaconda Atchison Atl... Gulf | Baldwin Locomeitve | Baltimore and Ohio Bethlehem Steel “B ; Canadian Pacific | Central Leather | Chandler Motors Chesapeake and Ohi Chicago, R. T.. Chino Copper cobess | Colorado Fuel and iro and Pac. |Corn Products Crucible Steel Erie ...... Famous Players L General Asphalt . General Electric |that the lower sands will prove oll | Genera! Goodri Great Min Insp’ Copper Tan Car & Foundry ..... > and Leather pid Locomotive ... Smelting & Refs. ‘orp. Sumatra Tobacco and ‘ and West indies Utah Oil Refining company has a/Chicago, Mil., and St. Paul International Harvester .. Int. Mer Marine pfd International Paper . Invincible Of Pics Kelly Springfield Tire Kennecott Copper Louisville and Nashville. Mexican Petroieum Miami Copper .. Middle States Oil Midvale Steel .. Missouri Pacific New York Central ... ‘. ¥., N, H. and Hartford |.) Norfolk and aVestern . Northern Pacific .. | Oklahoma Prod. and | Pacific Of1 ....... favorably by geologists and is similar|Pan American Petroleum | Pennsylvania | People’s Gas .... Pure on . . : Ray Cnsolidated Copper Reading .......... | Rep. Iron and Steel . Royal Dutch, N | Sears Roebuck next few days. gSinclair Con Oil Southern Pacific Southern Railway Standard Iil of N. J. Studebaker Corporation Tennessee Copper . Texas Co. ...... Texas and Pacific Tobacco Products Transcontinental Oi! Union Pacific ..... United Retail Sores . U. 8. Ind. Alcohol . United States Rubber United States Steel Utah Copper . | Willys Overland Cala Petroleum Montana Power Shattuck Arizona Great Northern Ore |for the king of Siam. | Westinghouse Electric"! 1! |Ameriean Zine, Lead and Sm. - sunk | Butte and Superior s -|in the field and eight more are planned A special brand of tobacco is grown Che Casper Daily Cribuns New York Stocks | Associated Press Leased Wire. 89% Columbine - <a 120%, |Consolidated Royalty . 1.33 140% {Capitol Pete . / 39 |Cow Gulch Jopiter Ceastal Kinney Coastal tance Creck Noyalty . Gusk Royalty Mike Henry “| Mountain & Gulf 29. | Nortwest 102% | Outwest 74 Red Bank . 5 15% | Five ‘Tribes Pet. Co. . 1% | Picardy ...... Riverton Retg. 187%! Royalty & Producers . 14% | Sunset 38%2 |'Tom Bell Royalt ‘8 Western Exploration Wind River Refs. United Pete . 3) Wyo-Kz NEW YOrr CURB CLOSING. 2|Mountain Producers .$ 14.25 )Merritt .. {| Glenrock Mutual S. O. Indinia ... Cities Service Com. im |New York Of 42%, |Fensland .. BY 58% |S 5% | Third 4%4s ... 324% |Pourth 4\s . 89% | Victory 4%9 Crude Market is \Grass Creek 66 |Eik Basin 55%) Lance Creek % | Hamilton Do 98% Rock River 63% | Salt Creek 58% | Bie Muddy 8%4|Mule Creek 17B p. — é2ig|_ Jewelry and watcn 9% Bj Casper Jewelry Mfg. Co., 0.8 39 —— ties in Prussia. reparring 69% )Pert workmen. All work guaranteed Bldg. aon There are stx distinct political par- HIGH RECORDS ON “SELECTED ISSUES Market Wavers at Noon, However, on Renewed Sell- ing Mexican Oils, NEW YORK, July 5.—High records Were established during the dull morn- ing by a few selected issues. These included Coca Cola, Mallinson . and Dupont, the latter extending its gain to six points. Crucible led the inde pendent steels, gaining 2% and the motors were featured by Studebaker and Mack Trucks at 2 points gain. Rails were not influenced by strike conditions, showing f strength of buying of Lovisville & Nashville, Union Pacific, Illinois Central, St. Paul preferred and St. Louis & San Francisco preferred. The market wav- ered before noon, however, on renewed selling ct Mexican and Pan- American Petroleums at extreme deglines of 3 to 4% points. Call money opened at 4% per cent. Heaviness of Mexican Petroleum, which soon declined 3% points, was the only exception to higher trend of Prices at the opening of todaly's stock market. Developme~‘s over the holi- days evidently were favorably con- strued, judging frora the firmer tone of the general ligt. Studebaker, Coca Cola and Dupont were among the stronger features at average gains of one point with Baltimore & Ohio, Gen- eral Asphalt, Pullman, Virginia-Caro- lina Chemical’and several of the sec- ondary rails. Pan-American Petrol ums were only slightly depressed by the reaction in American. Early ex- change rates were irregular but high- S|er in the main, German marks steady- ing. Foreign Exchange, It ". NEW YORK, July 5.—Great Brit- ain demand 4.45; cables 4.45%. 60 day bills on banks 4.43. France demand 8. cables 8.21%. Italy demand 4.60; cAbles 4.60%. Belgium demand 7.75%. cables 7.76. Germany demand .23; cables .23%. Holland demand 38.60; cables 38.65. Norway demand 16.45. Sweden detaand 28.50, Denmark demand 21.55. Switzerland demand 19.00. Spain demand 15.63. Greece demand 2.70. Poland demand .02%. Czecho-Slovakia demand 1.93. Argentine demand 36.00. Brazil demand 13.60. Montreal 98 15-16. a Gee Metals. NEW YORK, July .—Foreign bar silver, 71%; Mexican dollars, 54% Curb Prices on Whroming Oil. NEW YORK, July 5—Prices on Wy- oming oi] stock at 2 p. m. today were Usted on New York curb as follows: Boston-Wyoming, 86; Fensland, 1% 1%; Glenrock, 1%; Merritt, 9%; Mow: tain Producers, 14%. Mutual, 10; New York Oil, 31; Omar, 2%. $3,000,000 From Engisod. NEW YORK, July 5.—Goid bars val- wed at $3,000,000 arrived here today on the steamer Majestic from Eng- land for Kuhn, Loeb and compan: bankers. This is a continuation of the ™ovement for the balancing of trade accounts which was interrupted for several weeks by the strike in the South African gold fields. First Internal Loan of Sovie Proves Success}< ® £233" PS MOSCOW, July 5.—<{By The Associ- ‘Sted Press.)}—The soviet government's first internal loan is a succemy, ac- cording to the Russian newspapers, | the million-pood bread Jean having al- ready been subscrited. Although ex- art figures in the provinces are lack- ing it appears that the peasants have directly subscribed 4 090.000 pores, the workers 3,000,000 and state instita- tions 3,000,900. Russia’s 1922 grain crops, accord ing to préeent estimates will reach a mintmum of 3,500,000,000 poods (63.- 000,000 tons), or 1,006,000,000 poods more than those of last year, Acting | Premier Kamenef! Pondent today. From practically all told the corres- sections of Rursla, excent the north, reports are|» pouring into Moscow showing that the grain is flourishins fn ideal weather bayond the fondest hoves of early spring. If the yield !s as iarse &s expected it probably wil: ho Ras- sin's greatest since the war. cecrtcies Wer Die NOTICE OF APPLICATION FOR TAX DEED. The State of Wyoming, County of Natrona, ss. Notice is he: following described real estate, to- wit: Lot Numbered 16, Block 118, Town (now City) of Casper, Na- trona County, State of Wyoming. was sold for taxes due said county for the year 1918, by E. M. McDon- ald, County Treasurer, on July 1, 1919. The said real estate was assessed and taxed as the property of Butler Corporation, and the time for re-|De demption of the said real estate ex- pired 3rd day of July, 1922. That diligent inquiry bes been made and the said Butler Corpora tion cannot be found in Natrona County, State of Wyoming. That the undersigned, the owner of the certificate of purchase of said real estate, aka given no- tice that he will on 27th day of July, A. D. 1922, apply to the Treasurer of said Natrona County, State of Wyoming, for d deed to the above described property. Dated at Casper, Natrona Coun- ty, State of Wysdming, this Ist day of May, A. D. 1922. - GLENN C. LITTLEFIELD. Pub. July 5, 12, 19 and 26, 1922. On Sale everywhere from. Now on The Beiter USCO Tire Securities Bu Anglo Am, Oll, 7%9, 1925 103% Am. ‘Sug.’ Teel’, 1937. 100% Am. T. and T., 6s, 1924 . Bal. and Ohio, 6s, 1929. Bel. Gov, 6s, 1925 . Bei. Gov., 8. F. 7%s,1945 Bel. Gov., 8. F.. 8s, 1941. Britsh 5%s, 1929 British B. & Q., 5s, 1971 . 6s, 1924 Del. & Hud. Denmark, 6s, 1042 Denmark, 8, 1945 . DuPont, 7%s, 1931 . Fi Gt. Nor. Hock. Vall : re,’ LeBeile Iron, 6s, 1940 dap Gov., 4s, 1931 . Jap. Gov., Ist, 4%5, Gov., ond, 4 "4935 ©., Tr. & Lt. ts, 1947. P. Gt. N. Jt. 6's, 1936 r. Cen, 5s, 1941 . Bai.,'6 R.. 7s, 1930 Penn. R. R. 6%s, 1936 Paris L. M. R. R., 6s, 1958 ~y given that the) Swiss NOTICE TO CREDITORS. The Estate of Robert T. Kemp, ceased, Notice is hereby given that Let- ters Testamen’ were, on the 27th day of June, 1922, granted to the undersigned in the above estate, and all persons having claims the said estate are hereby required to exhibit them with the necessary vouchers for allowance to Ruby D. Kemp at Casper, Wyoming, within six months from the date of grant- ling. of such letters, or they may be {precluded from any benefit from such estate, and if such claims be not exhibited within one year from the dite of the granting of said | ters, they will be forever barred. Dated at Casper. Wye un 27, 1922. a RUBY D. KEMP,» Executrix of the Estate of Robert Deceased. T. Kemp, Pab. June 28, July 5, 1 and 19, 1922. : pecinciceal Rada «I gists Oil Field Maps, Blue Pri WYOMING MAP AND BLUE PRINT CO. P. O. Box 325 Room 10, Daly Bldg. Lowest Storage _ In Casper Guaranteed Repair We: Gas, Oils and Grease. Day and Night Service. Willis-Hackett Garage 363 S. Ash—Phone 1891W TYPEWRITER BARGAINS; Underwoods, Remingtens, L. C. Smiths, Royals. Repairs and Supplies. Typewriters for Rent. CASPER TYPEWRITER EXCHANGE 230 E. 2nd St. Phone 856 [Political Advertisement)! © ANNOUNCEMENT I hereby annouiice myself as a candidate for the Republican nomination of Sheriff of Natrona County % at the August primary subject to the will of the voters. E. M. ELLITHORPE, Universal Interest in Utilities Tee een hi eke ai K. Deaver, comprise the board of rectors of the company, arrived Casper today from their homes at Fargo, N. D. It was announced at the offices of the company that some| interesting developments in regard to the operations of the Fargo company might be forthcoming within a few days i Interest in the welfare and prosperity of the util- ity companies is not, and cafinot, be confined to the managemeits or the thousands upon thousands of men and women, banks, colleges, insurance companies and Gthegs who have invested their funds in the develop- ment of the millions of dollars’ worth of property needed to furnish the state with the essential services cf light, heat, power, transportation and communica- ion, in CHICAGO, July 5.—Potatoes—Mar-. ket weak; receipts, 87 cars; total United States shipments, July 3, 484 July 4, 209, Texas and Oklahoma sacked cobblers, $2.25@2.40 ewt.; Kan gas sacked Early Ohios, $2.30@ ewt. eastern short Virginia barrels Irish Cobblers, $4 Norfolk North Carolina Irish stave barrels, $3.50@3 iiaea! Ste rd Lwwestock Mart CHICAGO, July 5.—Cattle—Receipts 13,000 head. beef steers and butcher she stock, steady to strong; spots shade higher on desirable cornfed; top beef steers, $10.20; bulk, $§.50@ 9.75; other classes about stead of beef cows and heifers, $5. canners and cutters, largely 3.75. bologna bulls, mostly $4.65@ 4.80; early sales veal calves, $8.00@ 8.50; few choice handyweights to city butchers, $9.00@9.50 Hogs—Receipts 25,000; opened 5c to 10c higher on better grades; later steady to 5c higher; mixed and pack- ing grades slow to 10c lower; top, $10.90. bulk good butchers, $10.50@ 10.85; pigs, about steady; packing sows, $9.00@9.25; heavy, $10.40@10.65; mediums, $10.35@10.85; light, $10.80 @10.85; lights $10.25@10.75. pack. ing sows, smooth, $9.00@9.50; packing sows, rough, $8.65@9.10; killing pigs, $9.25@ 10.30 Sheep—Receipts 8,000 head; lambs c_higher; sheep, strong to unevenly obblers, | higher; top native lambs $13.50, seven . doubles good but short sorted Idahos, | $13.50, with 350 feeders cull natives, mostly % ewes, largely $6.00@7.00. \ Every variety of business man and citizen has as much, in reality, at stake and is as dependent upon the prosperity and fair treatment of the utility com- panies as these companies themselves. So interwoven are the essential services with everyday life that when there is unfair attack the persecutor is but following the old adage of “cutting offhis nose to spite his face.” Assume three propositions: 1. That electric lights, electric power, electric cars for transportation and tele- phones are needed as auxiliaries to modern business and for the convenience, comfort and health of citizens. “Usco” announced its new low price of $10.90 last Fall os makers were sot ready busy developing a stil greater “Usco” value. The new and better “Usco” as you see it today — with no change in price—and tax absorbed by the manufacturer, You'll note in the new and better features— OMAHA, Neb., July 5.—{United| States Bureau of Markets)—Hog re-| ceipts 8,400; generally steady to} strong; spots 5 to 10c higher on lights. bulk packing grades $8.75@9.50; bulk good hoga $$.75@10.30; top $10.40. | Cattle, receipts 6,000; beef steers ac- tive, mostly 10 to 15¢ higher; top $9.85; weight 1,300 pounds; yearlings ° $9.75. she stock $15 to 25c higher; bulls strong; veals about 25c higher; stock 99 ers and feeders unchanged. “Usco” these Shee, receipts 6,000; killing classes 25 to 40c higher; bulk western lambs 2 Thicker tread, giving greater non- Siasb@iade, to ces nipped re id protection. Stouter side-walls. _ 2. That the only revenues of these essen- will take longer wear both inside and x ‘ atk! _ 8. That unless the rates are adequate— ( sufficient to cover the cost of buying coal, oil, steel, copper, new equipment, labor and the countless other expenses that: go into the production of service; enough to pay invest- ors for the use of their money and to attract money into the business so as to extend plants as communities grow and babies are born, they cannot either furnish service nor can they grow any more than could the mer- chant who sold his goods below what they cost him. The utilities would be constantly “in the red ;” they would die, because their credit would be gone. DENVER, Colo., July 5—Cattle re- ceipts 1,496; market steady to 15¢ higher; beef steers $7.00@9.50; -cows and heifers 4.25%8.50; calves $8.00@| 10.50; stockers and feeders $5.25@ 6.00 Hogs, receipts 671. Market 15 to 20c higher; top $10.40; bulk $9.75@10.30. Sheep, receipts 5,000; market 25c¢ higher; ewes $5.75@6.25; spring’ lambs $12.50@13. THE. PERKINS PROCESS FOR CEMENTING OIL WELLS Assures you that the cement will be placed behind the casing where needed, and cannot become mixed with any other fluid or substance already in the well. WYOMING OIL WELL CEMENTING CO. Exclusive Licensees for Wyoming. 234 Midwest Bldg., Casper—Phone 1173 Or Phone Snook’s Camp, Salt Creek , The greatest money’s worth of fab= ric tire in the history of pneumatics. tates Tires nited | Unatadd States @ Rubber Company’ aaa Wiad Has __, We have said the utilities are, in reality, not more interested in their prosperity than any group of citi- zens you may name. Let us‘take citizens by groups and see if they have a substantial interest at stake. Natrona Power Company Casper—Casper Motor Co., Inc. Casper—S. W. & E. C. Tull, Casper Sporting Goods Co. Casper—Pat Royce, Center Street Filling Station. Can Buy U. S. Tires: Casper—Coliseum Motor Co., Ine. zi Casper—Ray McCleary, Rays Service Statiou. Casper—Wyoming Oldsmobile Co., Inc.